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December 1, 2008 at 2:49 PM in reply to: Ideas for short-term trades? Where are markets headed? #310723December 1, 2008 at 2:49 PM in reply to: Ideas for short-term trades? Where are markets headed? #310740
stockstradr
ParticipantOne more comment…
That post in this thread by Chris Scoreboard is absolutely brilliant. There is a goldmine of info just in that one post for those who can see and apply it.
There are a few real pro’s on here such as Chris and peterb that frequently post extremely valuable advice.
Reminds me that I’ve got plenty more to learn about trading the markets.
December 1, 2008 at 2:49 PM in reply to: Ideas for short-term trades? Where are markets headed? #310808stockstradr
ParticipantOne more comment…
That post in this thread by Chris Scoreboard is absolutely brilliant. There is a goldmine of info just in that one post for those who can see and apply it.
There are a few real pro’s on here such as Chris and peterb that frequently post extremely valuable advice.
Reminds me that I’ve got plenty more to learn about trading the markets.
December 1, 2008 at 2:25 PM in reply to: Ideas for short-term trades? Where are markets headed? #310319stockstradr
ParticipantI would stay away from the 3x ETF’s for several reasons.
Ha! I’ll reply to that.
The reason I’m also staying away from the newly available 3X leveraged ETF’s is that, while I am darn good (at predicting markets) I’m not THAT good!
I figure sometimes my predictions are worthy of wagering with 1X leverage, sometimes with 2X leverage, but never with 3X leverage!
π
December 1, 2008 at 2:25 PM in reply to: Ideas for short-term trades? Where are markets headed? #310682stockstradr
ParticipantI would stay away from the 3x ETF’s for several reasons.
Ha! I’ll reply to that.
The reason I’m also staying away from the newly available 3X leveraged ETF’s is that, while I am darn good (at predicting markets) I’m not THAT good!
I figure sometimes my predictions are worthy of wagering with 1X leverage, sometimes with 2X leverage, but never with 3X leverage!
π
December 1, 2008 at 2:25 PM in reply to: Ideas for short-term trades? Where are markets headed? #310708stockstradr
ParticipantI would stay away from the 3x ETF’s for several reasons.
Ha! I’ll reply to that.
The reason I’m also staying away from the newly available 3X leveraged ETF’s is that, while I am darn good (at predicting markets) I’m not THAT good!
I figure sometimes my predictions are worthy of wagering with 1X leverage, sometimes with 2X leverage, but never with 3X leverage!
π
December 1, 2008 at 2:25 PM in reply to: Ideas for short-term trades? Where are markets headed? #310725stockstradr
ParticipantI would stay away from the 3x ETF’s for several reasons.
Ha! I’ll reply to that.
The reason I’m also staying away from the newly available 3X leveraged ETF’s is that, while I am darn good (at predicting markets) I’m not THAT good!
I figure sometimes my predictions are worthy of wagering with 1X leverage, sometimes with 2X leverage, but never with 3X leverage!
π
December 1, 2008 at 2:25 PM in reply to: Ideas for short-term trades? Where are markets headed? #310792stockstradr
ParticipantI would stay away from the 3x ETF’s for several reasons.
Ha! I’ll reply to that.
The reason I’m also staying away from the newly available 3X leveraged ETF’s is that, while I am darn good (at predicting markets) I’m not THAT good!
I figure sometimes my predictions are worthy of wagering with 1X leverage, sometimes with 2X leverage, but never with 3X leverage!
π
December 1, 2008 at 2:20 PM in reply to: Ideas for short-term trades? Where are markets headed? #310304stockstradr
ParticipantOK, so here is my update on trades. I went to ALL CASH at the recent market top (S&P500=900) , but I am crying because I should have turned that money right into shorts on the indexes…had I done that last week and bought something like SDS, I would be up 12% with today’s downturn in the S&P500.
However, I can’t complain too much.
My portfolio is now at a high for the last eighteen months. Both my 401K and my wife’s 401K (which I manage) are now both up 48% net including commissions, since the Oct 2007 market top. A couple months ago I reported correctly we were up about 38% since Oct ’07, so in the last two months I have inched our way step-by-step up another 10%.
I’m very glad I dumped all my gold and oil positions last week. Both oil and gold are getting hammered and coming down fast, which is exactly what I want them to do, because I’m looking for another buy opportunity at lower pricing.
I think the smart move now is to wait for what looks like the bottom (on oil and gold) then just dump my entire portfolio 50/50 into physical gold, and oil stocks. Then just hold them long.
December 1, 2008 at 2:20 PM in reply to: Ideas for short-term trades? Where are markets headed? #310667stockstradr
ParticipantOK, so here is my update on trades. I went to ALL CASH at the recent market top (S&P500=900) , but I am crying because I should have turned that money right into shorts on the indexes…had I done that last week and bought something like SDS, I would be up 12% with today’s downturn in the S&P500.
However, I can’t complain too much.
My portfolio is now at a high for the last eighteen months. Both my 401K and my wife’s 401K (which I manage) are now both up 48% net including commissions, since the Oct 2007 market top. A couple months ago I reported correctly we were up about 38% since Oct ’07, so in the last two months I have inched our way step-by-step up another 10%.
I’m very glad I dumped all my gold and oil positions last week. Both oil and gold are getting hammered and coming down fast, which is exactly what I want them to do, because I’m looking for another buy opportunity at lower pricing.
I think the smart move now is to wait for what looks like the bottom (on oil and gold) then just dump my entire portfolio 50/50 into physical gold, and oil stocks. Then just hold them long.
December 1, 2008 at 2:20 PM in reply to: Ideas for short-term trades? Where are markets headed? #310693stockstradr
ParticipantOK, so here is my update on trades. I went to ALL CASH at the recent market top (S&P500=900) , but I am crying because I should have turned that money right into shorts on the indexes…had I done that last week and bought something like SDS, I would be up 12% with today’s downturn in the S&P500.
However, I can’t complain too much.
My portfolio is now at a high for the last eighteen months. Both my 401K and my wife’s 401K (which I manage) are now both up 48% net including commissions, since the Oct 2007 market top. A couple months ago I reported correctly we were up about 38% since Oct ’07, so in the last two months I have inched our way step-by-step up another 10%.
I’m very glad I dumped all my gold and oil positions last week. Both oil and gold are getting hammered and coming down fast, which is exactly what I want them to do, because I’m looking for another buy opportunity at lower pricing.
I think the smart move now is to wait for what looks like the bottom (on oil and gold) then just dump my entire portfolio 50/50 into physical gold, and oil stocks. Then just hold them long.
December 1, 2008 at 2:20 PM in reply to: Ideas for short-term trades? Where are markets headed? #310710stockstradr
ParticipantOK, so here is my update on trades. I went to ALL CASH at the recent market top (S&P500=900) , but I am crying because I should have turned that money right into shorts on the indexes…had I done that last week and bought something like SDS, I would be up 12% with today’s downturn in the S&P500.
However, I can’t complain too much.
My portfolio is now at a high for the last eighteen months. Both my 401K and my wife’s 401K (which I manage) are now both up 48% net including commissions, since the Oct 2007 market top. A couple months ago I reported correctly we were up about 38% since Oct ’07, so in the last two months I have inched our way step-by-step up another 10%.
I’m very glad I dumped all my gold and oil positions last week. Both oil and gold are getting hammered and coming down fast, which is exactly what I want them to do, because I’m looking for another buy opportunity at lower pricing.
I think the smart move now is to wait for what looks like the bottom (on oil and gold) then just dump my entire portfolio 50/50 into physical gold, and oil stocks. Then just hold them long.
December 1, 2008 at 2:20 PM in reply to: Ideas for short-term trades? Where are markets headed? #310777stockstradr
ParticipantOK, so here is my update on trades. I went to ALL CASH at the recent market top (S&P500=900) , but I am crying because I should have turned that money right into shorts on the indexes…had I done that last week and bought something like SDS, I would be up 12% with today’s downturn in the S&P500.
However, I can’t complain too much.
My portfolio is now at a high for the last eighteen months. Both my 401K and my wife’s 401K (which I manage) are now both up 48% net including commissions, since the Oct 2007 market top. A couple months ago I reported correctly we were up about 38% since Oct ’07, so in the last two months I have inched our way step-by-step up another 10%.
I’m very glad I dumped all my gold and oil positions last week. Both oil and gold are getting hammered and coming down fast, which is exactly what I want them to do, because I’m looking for another buy opportunity at lower pricing.
I think the smart move now is to wait for what looks like the bottom (on oil and gold) then just dump my entire portfolio 50/50 into physical gold, and oil stocks. Then just hold them long.
stockstradr
ParticipantI have to stick with budget priced wines. I wish we could afford a couple of $30 bottles of wine each week, but cannot.
So my current favorite budget red is the Blackstone Merlot for $7/bottle. How can you beat THAT value!
Admittedly the Blackstone is a blended Merlot, yet quite good (at that price) especially when bought after it has aged 5-7 years.
It sure is better tasting than the Yellowtail that Australia churns out by the bizillions of bottles. And even I will drink Yellowtail from time to time.
QUESTION: what do you think is the most drink-able, best tasting variety from Yellowtail?
I’m asking because I really do want your opinion, as I’m unsure on this point.
And don’t flame me. Believe me, I know I’m using the term “best tasting” very loosely when applying it to Yellowtail. I acknowledge we are talking here about dredging the bottom tier of wines for something that is at least tolerable as a dinner red.
stockstradr
ParticipantI have to stick with budget priced wines. I wish we could afford a couple of $30 bottles of wine each week, but cannot.
So my current favorite budget red is the Blackstone Merlot for $7/bottle. How can you beat THAT value!
Admittedly the Blackstone is a blended Merlot, yet quite good (at that price) especially when bought after it has aged 5-7 years.
It sure is better tasting than the Yellowtail that Australia churns out by the bizillions of bottles. And even I will drink Yellowtail from time to time.
QUESTION: what do you think is the most drink-able, best tasting variety from Yellowtail?
I’m asking because I really do want your opinion, as I’m unsure on this point.
And don’t flame me. Believe me, I know I’m using the term “best tasting” very loosely when applying it to Yellowtail. I acknowledge we are talking here about dredging the bottom tier of wines for something that is at least tolerable as a dinner red.
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